|Day's range||7.94 - 9.10|
PayPal (PYPL) plans to release its Q3 earnings later today. In the last four quarters, its reported results were much better than the analysts' forecasts.
Investing.com - PayPal Holdings Inc (NASDAQ:PYPL) reported third quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
Washington’s threat to impose levies on cars and car parts has emerged as a huge source of strain in relations with the EU, clouded the outlook for the global economy, and faced resistance among Mr Trump’s closest Republican allies in Congress.
Here is a sneak peek into how four technology stocks, namely, Microsoft, PayPal, F5 Networks and Xilinx, are poised ahead of their upcoming earnings releases on Oct 23.
Let's dive into three tech stocks that we found using our Zacks Stock Screener that growth investors might want to consider buying during Q3 2019 earnings season...
PayPal (PYPL) third-quarter 2019 results are anticipated to reflect portfolio strength. However, losses from investments in MercadoLibre and Uber have weighed on the results.
Although Zuckerberg was banking on Libra, the cryptocurrency project has landed on shaky ground. Here's a rundown of its challenges this month.
Paypal (PYPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The move means PayPal is the only foreign company to hold licences to provide domestic and cross-border web and mobile payment services in China, where Rmb277tn ($39tn) of mobile payments were made last year, according to the People’s Bank of China.
When Facebook unveiled ambitious plans in June to spearhead the creation of a global digital currency, co-founder David Marcus promised unprecedented co-operation between some of the biggest names in technology and payments. “Everyone will play their role,” the Facebook executive said of the 28 initial founding members of his Libra scheme. Members of the so-called Libra Association became wary of the project after regulators and politicians across the globe warned that a mass-market digital currency could pose a threat to the financial system, as well as lead to money laundering and increased financing for terrorism.
Mnuchin says Treasury, and not just the senators who sent letters, also warned Libra Association members about their involvement.
Facebook’s plans for a digital currency are coming under further pressure as global regulators step up their scrutiny of the struggling Libra project. In a letter to G20 finance ministers on Sunday, Randal Quarles, the head of the global Financial Stability Board, said that, with a “host of challenges” posed by global “stablecoins”, such as Libra, “possible regulatory gaps should be assessed and addressed as a matter of priority”. This, the letter said, created challenges including financial stability, consumer and investor protection, data privacy, money laundering, terrorist financing, fair competition, cyber security and tax evasion.
Let's take a look at what investors need to know about Facebook and some of its Q3 estimates to help us determine if FB stock might be worth buying before the social media company reports its Q3 2019 earnings results...